Fisher Scientific reiterates outlook for 2002, 2003

MichaelBaron

Fisher Scientific International
FSH, +3.12%
is reiterating its outlook for 2002 and 2003. The Hampton, N.H., science services firm sees earnings for 2002 at the high end of its outlook for a profit of $1.70 to $1.75 per share. For 2003, the company anticipates earnings of $2.10 to $2.15 oer share. For the first quarter, Fisher Scientific expects earnings of 44 to 46 cents a share. It also said it plans to refinance $600 million worth of its 9 percent senior subordinated notes due 2008. Analysts polled by Thomson First Call are looking for a profit of $1.76 per share in 2002, and $2.12 per share in 2003. The stock closed Monday at $30.04, up 1.8 percent.

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